Circle Goes Public on NYSE

**KUN officially joined Circle Payments Network (CPN)**, expanding their global payment capabilities with stablecoin infrastructure. **Key benefits include:** - 24/7 settlement using USDC and EURC - Enhanced cross-border payment flows - Support for B2B payments, remittances, and payroll **Built for compliance and efficiency**, CPN enables KUN to process international transactions faster and more seamlessly at global scale. This partnership strengthens KUN's position in the digital payments space by leveraging Circle's established stablecoin network for enterprise clients.

**Circle Cross-Chain Transfer Protocol (CCTP) V2** is now the official standard for cross-chain USDC transfers. **Key improvements include:** - **Capital efficient** 1:1 burn-and-mint mechanism without liquidity pools - **Faster transfers** with sub-finality settlement times - **Programmable hooks** for enhanced composability - **17 blockchain networks** now supported - **Better developer experience** with Bridge Kit and higher transaction limits **Migration timeline:** - CCTP V1 becomes legacy version - Manual phase-out begins **July 31, 2026** - Developers encouraged to migrate immediately Day 1 partners include Bungee, LI.FI, Portal Bridge, Socket Protocol, and Wormhole among others. [Migration guide available](http://circle.com/blog/cctp-version-updates) for developers ready to upgrade.

**BuFi** has launched a new payment platform designed to solve cross-border payment challenges for remote teams. The platform addresses common issues with traditional finance: - Slow banking delays - High transaction fees - Complex payment tracking **Key features include:** - Near-instant USDC payouts - Integrated workspace for sending, tracking, and receiving payments - Streamlined cross-border collaboration tools BuFi aims to modernize how digital teams handle finances, making payments as fast and efficient as remote work itself. The solution eliminates banking bottlenecks that often slow down global team operations. [Learn more about BuFi's USDC integration](https://www.circle.com/blog/bufi-makes-global-work-pay-off-with-usdc)

Circle has launched **StableFX**, an institutional-grade foreign exchange engine that modernizes the world's largest financial market through blockchain technology. **Key Features:** - Combines RFQ (Request for Quote) execution with onchain settlement - Offers competitive pricing across multiple liquidity providers - Provides instant, 24/7 capital-efficient trading - Currently live on Arc Testnet **Circle Partner Stablecoins Program** Alongside StableFX, Circle introduced a partner program supporting regional stablecoin issuers across eight countries: - Australia (AUDF), Brazil (BRLA), Japan (JPYC) - South Korea (KRW1), Mexico (MXNB), Philippines (PHPC) - Canada (QCAD), South Africa (ZARU) This expansion creates a broader range of stablecoin currencies available for trading within the StableFX platform. **Market Impact** The initiative addresses the FX market's lack of modernization by leveraging stablecoin infrastructure for faster settlement and improved efficiency. Access the [litepaper](http://circle.com/stablefx-litepaper) or [request testnet access](https://www.circle.com/join-stablefx) to explore the platform.

Circle CEO Jeremy Allaire appeared on CNBC to discuss the company's evolution into a **full stack internet platform business**. Key highlights from the interview: - **USDC adoption is accelerating** across various use cases - Strong **institutional growth** continues to drive momentum - Circle's **differentiation in the market** is becoming clearer This follows previous statements from Allaire about the convergence of internet and financial systems. Circle's Q2 results earlier this year marked significant milestones for USDC adoption. The company appears focused on expanding beyond just stablecoin services into a broader platform approach, leveraging their established position in digital currency infrastructure.